Zhejiang Dayuan Pumps Industry Co., Ltd Provides Earnings Guidance for the Year of 2017
January 26, 2018
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Zhejiang Dayuan Pumps Industry Co. Ltd. provided earnings guidance for the year of 2017. For the year, the company expected year-on-year increase of between RMB 51 million and RMB 61 million in its net profit owned by shareholders of the listed company in 2017, a year-on-year increase of between 42% and 50%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 165 million and RMB 175 million, increasing by between RMB 50 million and RMB 60 million compared with the same period of the year before, also a year-on-year increase of between 43% and 52%.
Zhejiang Dayuan Pumps Industry Co., Ltd. is a China-based company principally engaged in the research and development, manufacture and sales of all kinds of pumps. The Company's main products include small submersible pumps, deep well submersible pumps, onshore pumps and other agricultural pumps, as well as shielded pumps. The agricultural pumps are mainly used for agriculture and forestry irrigation and drainage, animal husbandry sewage discharge and peasant life drainage. The shielding pumps are mainly used in chemical, power, heating ventilation air conditioning (HVAC) and other industries.